Agnico Eagle Mines Limited (TSE:AEM – Free Report) (NYSE:AEM) – Equities researchers at Raymond James lifted their Q1 2024 earnings per share estimates for shares of Agnico Eagle Mines in a research note issued to investors on Thursday, April 18th. Raymond James analyst F. Hamed now anticipates that the company will post earnings per share of $0.84 for the quarter, up from their previous estimate of $0.77. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $3.44 per share.
Agnico Eagle Mines (TSE:AEM – Get Free Report) (NYSE:AEM) last issued its earnings results on Thursday, February 15th. The company reported C$0.78 earnings per share for the quarter, topping the consensus estimate of C$0.65 by C$0.13. The business had revenue of C$2.39 billion for the quarter, compared to analyst estimates of C$2.04 billion. Agnico Eagle Mines had a return on equity of 10.89% and a net margin of 29.29%.
Check Out Our Latest Stock Analysis on Agnico Eagle Mines
Agnico Eagle Mines Trading Up 0.8 %
Shares of AEM opened at C$85.96 on Monday. The company has a current ratio of 2.09, a quick ratio of 0.89 and a debt-to-equity ratio of 10.32. The firm has a market capitalization of C$42.83 billion, a P/E ratio of 15.89, a price-to-earnings-growth ratio of 22.97 and a beta of 1.07. The stock’s fifty day simple moving average is C$75.80 and its 200 day simple moving average is C$70.86. Agnico Eagle Mines has a twelve month low of C$59.36 and a twelve month high of C$88.27.
Agnico Eagle Mines Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were paid a $0.537 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $2.15 dividend on an annualized basis and a yield of 2.50%. Agnico Eagle Mines’s dividend payout ratio (DPR) is 39.74%.
About Agnico Eagle Mines
Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.
Featured Articles
- Five stocks we like better than Agnico Eagle Mines
- The 3 Best Retail Stocks to Shop for in August
- Charles Schwab Fortifies its Uptrend on EPS Beat
- Find and Profitably Trade Stocks at 52-Week Lows
- Lockheed Martin Stock Aims for a Fresh All-Time High
- What is the Shanghai Stock Exchange Composite Index?
- Beyond the Halving: The Future of Bitcoin Mining Stocks
Receive News & Ratings for Agnico Eagle Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agnico Eagle Mines and related companies with MarketBeat.com's FREE daily email newsletter.